LyondellBasell (NYSE: LYB) CFO reports routine tax-withholding on vested RSUs
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive vice president and chief financial officer Agustin Izquierdo Sabido reported a routine tax-related share disposition tied to equity compensation. On April 15, 2026, restricted stock units vested into 182 Class A ordinary shares. To cover tax withholding obligations, the issuer withheld 45 shares at a value of $73.13 per share, a non‑market transaction made directly with the company rather than an open‑market sale. Following this event, Izquierdo Sabido directly held 33,499 Class A ordinary shares. He also holds 26,216 restricted stock units under the company’s long‑term incentive plan, scheduled to vest in multiple tranches from 2027 through 2029.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Ordinary Shares | 45 | $73.13 | $3K |
Footnotes (2)
- F1. On April 15, 2026 the reporting person's restricted stock units automatically vested 182 shares. 45 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations.
- F2. Represents 26,216 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 242 granted on February 22, 2024 that vest on February 22, 2027; 182 granted on April 15, 2024 that vest on April 15, 2027; 2,817 granted on February 27, 2025 that vest on February 27, 2027; 2,817 granted on February 27, 2025 that vest on February 27, 2028; 6,720 granted on February 28, 2026 that vest on February 28, 2027, 6,719 granted on February 28, 2026 that vest on February 28, 2028 and 6,719 granted on February 28, 2026 that vest on February 28, 2029.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
long-term incentive plan financial
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